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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2021
Apr. 30, 2020
Income Statement [Abstract]        
Net sales $ 3,459,264 $ 1,681,735 $ 8,724,412 $ 5,843,653
Cost of products sold 2,953,984 1,476,102 7,425,403 5,072,803
Gross profit 505,280 205,633 1,299,009 770,850
Selling, general and administrative expenses 231,834 128,147 619,786 478,968
Amortization of intangible assets 30,480 24,079 87,110 72,645
Impairment charges 0 0 0 10,057
Interest income 142 847 662 2,796
Interest expense 26,808 26,868 75,248 82,127
Other income (expense), net 16,379 (6,157) 25,430 (5,123)
Income before income taxes 232,679 21,229 542,957 124,726
Income tax provision (benefit) 49,960 (1,555) 113,409 23,071
Net income 182,719 22,784 429,548 101,655
Less: Net (loss) attributable to non-controlling interests (592) (1,284) (44) (2,151)
Net income attributable to THOR Industries, Inc. $ 183,311 $ 24,068 $ 429,592 $ 103,806
Weighted-average common shares outstanding:        
Basic (in shares) 55,366,241 55,198,756 55,323,080 55,163,943
Diluted (in shares) 55,723,378 55,392,982 55,615,107 55,337,665
Earnings per common share:        
Basic (in dollars per share) $ 3.31 $ 0.44 $ 7.77 $ 1.88
Diluted (in dollars per share) $ 3.29 $ 0.43 $ 7.72 $ 1.88
Comprehensive income (loss):        
Net income $ 182,719 $ 22,784 $ 429,548 $ 101,655
Other comprehensive income (loss), net of tax        
Foreign currency translation adjustment (7,449) (25,245) 33,691 (36,154)
Unrealized gain (loss) on derivatives, net of tax 2,929 (7,763) 8,612 (11,709)
Total other comprehensive income (loss), net of tax (4,520) (33,008) 42,303 (47,863)
Total Comprehensive income (loss) 178,199 (10,224) 471,851 53,792
Less: Comprehensive income (loss) attributable to non-controlling interests (647) (1,483) 41 (2,794)
Comprehensive income (loss) attributable to THOR Industries, Inc. $ 178,846 $ (8,741) $ 471,810 $ 56,586